Funding arb · Price arb /

WMT

RWAall WMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h −0.010%

Price spread now: Aster against QFEX−0.164%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.164% cheaper against QFEX than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX WMT-USD	107.50	0.0038	pay 0.0005% / 1h	30m 58s	$1.1M	$1.9M	10x
Short	Aster WMTUSDT	107.32	0	get 0.0000% / 8h	3h 30m	$4K	$71	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee AsterbpOrdersPrice spread, now −0.164%Rate

Funding earned: −$8
Price spread: −0.164% → 0.000%: −$16.41
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$42.4
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 2 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy QFEX live order book, 2 min ago	27.44 bp	34.3 bp −$34	40.3 bp −$403	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

WMT on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX WMTUSDC	−0.0448%	4h	107.50	+0.003%	$15K	$255K	10x	as long as short
Aster WMTUSDTshort	0.0000%	8h	107.32	−0.164%	$4K	$71	20x
Extended WMT-USD	0.0000%	1h	107.49	−0.007%	$23K	$115K	10x	as long as short
Binance WMTUSDT	0.0000%	8h	107.51	+0.005%	$1.6M	$1.0M	20x	as long as short
Bybit WMTUSDT	0.0000%	8h	107.53	+0.028%	$118K	$12K	50x	as long as short
OKX WMT-USDT-SWAP	0.0000%	8h	107.58	+0.074%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.43	−0.065%	$814K	$21K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.46	−0.037%	$538K	$120K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.50	−0.003%	$61K	$79K	—	as long as short
HTX WMT-USDT	0.0000%	8h	107.41	−0.084%	$5K	$344K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT WMT_USDT_Perp	+0.0029%	8h	107.48	−0.019%	$370	$135K	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.633%	$3K	$26K	12x	as long as short
QFEX WMT-USDlong	+0.0038%	1h	107.50	long leg	$1.1M	$1.9M	10x
KuCoin WMTUSDTM	+0.0100%	8h	107.52	+0.019%	$33K	$908K	20x	as long as short
SunX WMT-USDT	+0.0100%	8h	107.49	−0.009%	$616	$3.0M	10x	as long as short